
Los Angeles, California 90077
Analysis of 10985 Bellagio Road, Los Angeles, California 90077 is currently available with a list price of $8,500,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is marketed as a development opportunity with fully approved RTI plans for a 15,000-square-foot estate. The existing structure is a 1953 bungalow that has not undergone major renovations in over 50 years. The listing price and description emphasize the land value, views, and redevelopment potential, indicating the current residence is a candidate for demolition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28281, living area = 2485.
Elementary School: Warner Avenue Elementary School (9/10).
Situated on a rare promontory within the exclusive West Gate of Lower Bel Air, offering unparalleled privacy and status in one of the world's most coveted residential enclaves.
The list price covers the land and plans; realizing the envisioned 15,000-square-foot residence will require a substantial multi-million dollar capital commitment for construction.
The current 1953 bungalow is modest and likely serves only as a temporary residence or a teardown, as it does not reflect the high-end luxury value of the surrounding neighborhood.
Sited on a promontory within the coveted West Gate of prestigious Lower Bel Air, this exceptional property presents a rare opportunity to create a world-class architectural estate. Fully approved RTI plans by acclaimed firm Studio Plasencia envision an approximately 15,000 square foot residence designed to capture sweeping views over the Bel Air Country Club, with partial views of the City and the Pacific Ocean. Thoughtfully conceived for the most discerning buyer, the proposed residence offers a generous primary suite, eight total bedroom suites, and a family-friendly floor plan that seamlessly blends grand scale with everyday livability. Resort-caliber amenities include a grassy lawn, pickleball court, wellness center, gym, two private offices, and a media room. The upper level is designed to capture breathtaking vistas stretching all the way to Palos Verdes. An existing single-story bungalow currently sits on the property, offering immediate flexibility for a buyer. The existing home offers the opportunity to be thoughtfully remodeled and reimagined into a charming Bel Air bungalow, creating a warm and elegant residence that blends timeless character with modern comfort while taking full advantage of the property's exceptional promontory setting and surrounding views of the Bel Air Country Club Golf Course.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 2.7 mi
Grades 6-8 • 6.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 3.0 | 4.0 | 44% |
| Square foot | 2,485 | 2,892 | 31% |
| Lot Size | 28,281 | 22,222.5 | 63% |
| Price | $8.50M | $3.09M | 83% |
| Price per sq ft | $3.4K | $968 | 96% |
| Built year | 1953 | 1968 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 204 | 2% |
Mar 9, 2026
$8,500,000
Initial Listing
Jul 1, 2022
$7,000,000
Public Record